The Most Effective Leadership Changes you Need to Make to be Successful

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To say that Marshall Goldsmith knows a thing or two about leadership is understating on a truly epic scale.

Rated #1 Leadership Thinker and one of the Top Ten Most Influential Business Thinkers in the World. Top-ranked Executive Coach at the 2013 biennial Thinkers50 ceremony, and twice a New York Times best-seller. 

Appearing in Australia this year, he gave a series of media interviews – all highly compelling and motivating. There was no shortage of insights for all types of heads - for anyone keen to learn how the world’s top CEOs achieve positive change and continue to achieve great things for themselves and their brands.

Here are just three of his top insights – because even the briefest moment of understanding can change things for you for good. And curiously, that’s one of his points.

 

DON’T BECOME A HAMSTER ON A WHEEL

Goldsmith shares the advice given to him very early in his career by Dr. Paul Hersey, co-creator of the highly influential management model Situational Leadership™. “One day he told me that I was very good at what I did, selling days and speaking, but that I was making too much money and complacent in my success,” Goldsmith says. 

“He told me that I was just a hamster on a wheel not going anywhere, that I would probably make lots of money and have a good life, but if I continued doing what I was doing I wouldn’t become the person I could be.”

Goldsmith was quite comfortable coasting on his success. People were happy and business was lucrative. So he ignored Hersey’s advice. Fast forward twelve years, and he finally got it. To go from good to great, you can’t rest on your laurels, even if you are dancing with a cash cow. You have to be truly engaged with the things that get you most excited. Ultimately, Goldsmith realised this was original thinking, writing, creating and research.  

His gold nugget was “I would never have known that coasting on our achievements can be one of the biggest flaws of very successful people!”

 

IT’S NOT ALL ABOUT YOU

The trickiest part of transitioning into leadership is managing your ego.  It’s tough, says Goldsmith. You dedicate your entire career to winning, but as you get promoted and move up the ladder, winning should no longer be about you - it should be about the team. This, he says, can be a very hard transition for many leaders to make.

For those who are brave enough to put their ego aside, Goldsmith says the rewards are prolific. We all have wisdom: we know a lot, have great qualifications and a desire to help. A good leader has the capacity to put their own over-confidence on the bench, and look to others for answers.  They’re inclined to listen to what the others are saying and recognise that by doing so they understand all perspectives and not just their own, and become a well-rounded leader – and person – with authenticity and the backing of those around them. Self-awareness, says Goldsmith, is critical to success. 

 

YOU HAVE TO WANT IT

Counter intuitive it may be, but the clients Goldsmith spends the least time with are the ones who improve the most, he says, and those he spends the most time with often improve the least.  Great leadership emerges in a person not when they are told they have the potential to be better, but when they realise it for themselves – and want it.  You need drive and self-awareness to create change in yourself.

This is probably one of the reasons, Goldsmith jokes, that he will never be asked to coach Donald Trump!

As leaders of teams and small businesses, we have much to learn from Goldsmith’s approachapproach, valuable lessons which are simple but highly effective. ‘The less we focus on ourselves the more we benefit. It’s an interesting equation: Less me. More them. Equals success. Try it.’  So says Goldsmith and it’s hard not to agree!

 

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Success in Business - A Choice or Just Good Luck?

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What do best-selling authors John Grisham, J K Rowling and Theodor Geisel (creator of childhood favourite Dr. Seuss) all have in common?

Beyond their literary success and award winning feats of imagination, they each faced multiple professional rejections before making it big.

Grisham’s manuscript A Time to Kill was rejected by twenty-six publishers.  Dr Seuss went one better with And to Think I Saw it on Mulberry Street, and was turned down by twenty-seven. And the first Harry Potter was shown the door by nine. 

Each of these acclaimed writers backed their work, refined it and persisted. Their determination was finally rewarded with publishing success and much loved books - and the rest is literary history.

That’s lucky for us, but it was more than luck that made the difference for them.

In his book The Drunkard’s Walk, Leonard Mlodinow tells his readers that hard work and persistence matter – because these are the factors that increase your chances of success when good luck, chance or a random act comes your way. 

 ‘A lot of what happens to us – success in our careers, in our investments, and in our life decisions, both major and minor – is as much the result of random factors as the result of skill, preparedness, and hard work.’ - Leonard Mlodinow

 

SUCCESS IS A CHOICE

According to the United States’ Pew Research Center, those in higher income brackets are far more likely to believe that individuals get rich primarily from working hard. Wealthy people overwhelmingly attribute their own success to hard work rather than factors like luck or being in the right place at the right time.

American non-fiction author and finacial journalist Michael Lewis agrees.  'People really don't like to hear success explained away as luck, especially successful people.  As they age, and succeed, people feel their success was somehow inevitable.  They don't want to acknowledge the role played by accident in their lives.'

Success, those who enjoy it believe, stems mostly from application to task - and a simple, dogged determination not to give up.

History too suggests that extraordinary dedication is what lays the groundwork for that moment when random chance plays its hand. 

Marie Curie was a Polish-born physicist and chemist and one of the most famous scientists of her time. Together with her husband Pierre, she was awarded the Nobel Prize in 1903, and she went on to win another in 1911. She led her educational life in miserable conditions, without food or any home comforts, but her hard work determined her luck and that is why world remembers her today.

 

LESS PERFECTION, MORE AUTHENTICITY

From authentic endeavour comes authentic success – and those who are pretenders to the throne risk being found out. In 1989, performers Fab Morvan and Rob Pilatus gained international acclaim as R&B duo Milli Vanilli. Their debut album “Girl You Know It’s True” earned multi-platinum success and the group sold more than 30 million singles worldwide. A year following their meteoric rise, the duo came under scrutiny after it was revealed that they did not sing any of the vocals heard on the recording.  They returned their 1990 Grammy Award for Best New Artist.

Their chance encounter with stardom quickly spiraled, leading to a career demise and public outcry over lip-syncing.  Attempts to re-launch their careers in a more authentic way were tarnished by the scandal. 

Eight years later, Rob Pilatus was found dead after allegedly ingesting a mixture of pills and alcohol. He was just thirty-two years of age. 

It was already a heavy load to carry the secret for years, and it literally took my brother [Rob] six feet underground. I feel very lucky and blessed that I’m still here today able to breathe and reinvent myself. - Fab Morvan

Rowling submitted another manuscript after an eighth knock-back. Madam Curie chose her pioneering work in radioactivity over personal comfort and warmth. If only Milli Vanilli had been given the chance to make similar choices. 

Success is won, but with endeavour rather than luck. That’s not to say that drive and determination can’t be coupled with an open heart and acceptance of chance good fortune. It’s a golden pathway and the narrative of many a success story – in business, in love, in interests and in friendship.

 

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